Irish cbank chief stays on for extra time

The governor of the Central Bank of Ireland, Mr Maurice O'Connell, is to remain in office for almost an extra year. Mr O'Connell, who was due to retire on April 30, 2001, having completed a seven year term, will now stay in his post until the end of February 2002, following a Cabinet decision on Jan. 31. A spokeswoman for the Minister for Finance, Mr McCreevy, said the Government was keen for Mr O'Connell to oversee the changeover to the euro.

"The governor has agreed to stay in office so

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